Titanic victory for SPV in negligence case against property valuer

In the landmark case of Titan Europe 2006-3 plc v Colliers International UK plc (in liquidation) [2014] EWHC 3106 (Comm), the High Court of England has allowed an SPV, as the issuer of commercial mortgage backed securities, to bring a claim against a valuer who provided a negligent valuation for a property which was used as collateral.

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